Livguard looks to incur ₹3,360-cr capex in 5 yrs
Financial Express Chennai|December 10, 2024
ENERGY STORAGE AND solutions company Livguard is planning to incur a capital expenditure of ₹3,360 crore ($400 million) to increase its battery capacity to 25 gigawatt hours (GWh) in the next five years.
RAGHAVENDRA KAMATH

The company plans to fund the expenditure with around ₹1,270 crore to ₹1,697 crore in equity and a similar amount in debt, said Rakesh Malhotra, founder, Livguard.

Malhotra said they are one of the few companies which produce three different types of batteries-lithium, lead acid, and sodium-ion batteries. The firm has a total battery capacity of about 12 GWh, out of which 1.2 GWh is getting commissioned. In five years, we will reach 25 GWh. Most of the new additions will be in lithium batteries, he added.

この記事は Financial Express Chennai の December 10, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Chennai の December 10, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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